Stocks · Consumer Defensive · Packaged Foods
McCormick & Company, Incorporated MKC
$44.67 +1.20% Close, Oct 2, 2026 · NYSE · Market cap $12.01B
Strong growth
Next earnings report: Jan 28, 2027
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $5.53, up 91.3% year over year.
- The shares trade at 8.1× trailing earnings, lower than 90% of the company's own readings over the past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 17%
- EPS growth (TTM, YoY)Top 8%
- FCF growth (TTM, YoY)Top 44%
- Revenue growth, 3-year CAGRBottom 49%
- Revenue growth accelerationTop 17%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 50%
- Gross marginTop 39%
- Operating marginTop 20%
- Cash conversion (OCF / net income)Bottom 6%
- Accruals (lower is better)Bottom 3%
- Net debt / EBITDA (lower is better)Bottom 38%
- Interest coverTop 49%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 2%
- Free-cash-flow yieldTop 37%
- EBITDA / enterprise valueTop 38%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Top 21%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 31%
- 6-month returnBottom 46%
- 1-year return vs S&P 500Bottom 23%
- Distance from 52-week highBottom 29%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 48%
- Consecutive EPS beatsTop 34%
- Share of analysts rating BuyBottom 30%
- Upside to consensus price targetBottom 39%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 28%
- Maximum drawdown, 3 yearsTop 47%
- Beta vs S&P 500 (lower is better)Top 46%
- Net debt / EBITDA (lower is better)Bottom 38%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 9.5% | 13.2% | ↑ |
| EPS growth (YoY) | 108.7% | 91.3% | ↓ |
| Gross margin | 38.2% | 39.1% | ↑ |
| Operating margin | 15.7% | 15.8% | ↑ |
| FCF margin | 11.7% | 12.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 13.2% | 9.5% | ↑ | Top 17% |
| EPS growth (TTM, YoY) | 91.3% | 108.7% | ↓ | Top 8% |
| Gross margin | 39.1% | 38.2% | ↑ | Top 39% |
| Operating margin | 15.8% | 15.7% | ↑ | Top 20% |
| Net margin | 19.5% | 11.5% | ↑ | — |
| Free-cash-flow margin | 12.0% | 11.7% | ↑ | — |
| Return on invested capital | 6.5% | — | Top 50% | |
| Revenue growth, 3-year CAGR | 2.5% | — | Bottom 49% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.76×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 2.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +11.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.69×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 5.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.23%
- Net buyback yield (TTM)
- -0.04%
- Shareholder yield
- 4.19%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- -0.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 31, 2026 (filed Oct 1, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +9.7%
- Average 2-day reaction, last 8
- -1.8%
- Positive 20 days after report
- 3 of 7
Analysts
- Consensus price target
- $53.50
- Target vs current price
- +19.8%
- Analysts with a rating
- 30
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Oct 1, 2026 | +13.9% | -4.9% | — | — | — |
| Jun 25, 2026 | +15.6% | +1.6% | +11.2% | +5.4% | +2.4% |
| Mar 31, 2026 | +11.1% | -6.1% | -5.0% | -4.8% | -10.0% |
| Jan 22, 2026 | -1.8% | -8.1% | -7.1% | +2.9% | -18.4% |
| Oct 7, 2025 | +2.5% | -3.9% | -4.3% | -6.5% | -0.3% |
| Jun 26, 2025 | +6.2% | +5.3% | +4.0% | -3.0% | -11.1% |
| Mar 25, 2025 | -6.7% | -0.1% | +2.5% | -5.7% | -8.9% |
| Jan 23, 2025 | +3.9% | +2.1% | +5.0% | +8.2% | +2.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Oct 1, 2026 | $0.86 | $0.76 | +13.9% | $2.02B |
| Jun 25, 2026 | $0.80 | $0.69 | +15.6% | $1.94B |
| Mar 31, 2026 | $0.66 | $0.59 | +11.1% | $1.87B |
| Jan 22, 2026 | $0.86 | $0.88 | -1.8% | $1.85B |
| Oct 7, 2025 | $0.85 | $0.83 | +2.5% | $1.72B |
| Jun 26, 2025 | $0.69 | $0.65 | +6.2% | $1.66B |
| Mar 25, 2025 | $0.60 | $0.64 | -6.7% | $1.61B |
| Jan 23, 2025 | $0.80 | $0.77 | +3.9% | $1.80B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 8.1× | 28.3× | 10th | Top 2% |
| P/E (forward) | 14.5× | — | — | — |
| EV / EBITDA | 10.9× | — | — | Top 38% |
| EV / Sales | 2.07× | — | — | Bottom 30% |
| Free-cash-flow yield | 7.71% | — | — | Top 37% |
| Earnings yield | 12.38% | — | — | Top 2% |
P/E over the past five years
Range 8.0× – 35.1× since Aug 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -34.1%
- Earnings per share growth (TTM)
- +91.3%
- Change in P/E multiple
- -64.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.1%
- 200-day average slope (20 days)
- -2.9%
- Distance from 50-day average
- -13.6%
- Distance from 200-day average
- -19.5%
- RSI (14)
- 25.1
- Relative volume
- 1.47×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 28.4%
- Volatility vs own 5-year history
- 73th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.37
- Correlation with S&P 500
- 0.20
- Current drawdown from 1-year high
- -37.7%
- Maximum drawdown, 3 years
- -47.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 21, 2022 | Oct 1, 2026 | -57.7% | 1115 days | Not yet recovered |
| Oct 12, 2020 | Oct 12, 2021 | -22.3% | 252 days | 77 days (Feb 1, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $12.01B
- P/E (TTM)
- 8.1
- EPS, diluted (TTM)
- $5.53
- Revenue (TTM)
- $7.69B
- Dividend yield
- 5.31%
- 52-week range
- $43.25 – $72.41
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $6.32B | $6.35B | $6.66B | $6.72B | $6.84B |
| Gross profit | $2.49B | $2.27B | $2.50B | $2.59B | $2.59B |
| Operating income | $1.02B | $863.6M | $963.0M | $1.06B | $1.09B |
| Net income | $755.3M | $682.0M | $680.6M | $788.5M | $789.4M |
| EPS (diluted) | $2.80 | $2.52 | $2.52 | $2.92 | $2.93 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.80B | $1.61B | $1.66B | $1.72B | $1.85B | $1.87B | $1.94B | $2.02B |
| Net income | $215.2M | $162.3M | $175.0M | $225.5M | $226.6M | $1.02B | $160.2M | $97.6M |
| EPS (diluted) | $0.80 | $0.60 | $0.65 | $0.84 | $0.84 | $3.77 | $0.56 | $0.36 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $828.3M | $651.5M | $1.24B | $921.9M | $962.2M |
| Capital expenditure | -$278.0M | -$262.0M | -$263.9M | -$274.9M | -$221.8M |
| Free cash flow | $550.3M | $389.5M | $973.4M | $647.0M | $740.4M |
| Dividends paid | -$363.3M | -$396.7M | -$418.5M | -$451.0M | -$483.0M |
| Net share buybacks | -$8.6M | -$38.8M | -$35.7M | -$53.1M | -$34.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $331.1M
- Total assets
- $16.65B
- Total liabilities
- $9.06B
- Total debt
- $4.25B
- Net debt
- $3.92B
- Shareholders’ equity
- $7.00B
As of Aug 31, 2026 (filed Oct 1, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 13, 2026 | $0.48 | Oct 26, 2026 |
| Jul 6, 2026 | $0.48 | Jul 20, 2026 |
| Apr 20, 2026 | $0.48 | Apr 27, 2026 |
| Dec 29, 2025 | $0.48 | Jan 12, 2026 |
| Oct 14, 2025 | $0.45 | Oct 27, 2025 |
| Jul 7, 2025 | $0.45 | Jul 21, 2025 |
| Apr 7, 2025 | $0.45 | Apr 21, 2025 |
| Dec 30, 2024 | $0.45 | Jan 13, 2025 |
Short interest
- Shares sold short
- 15,951,184
- Days to cover
- 5.73
- Change vs previous report
- -0.6%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 1, 2020
- 2-for-1
- Apr 9, 2002
- 2-for-1
- Jan 21, 1992
- 2-for-1
- Jan 22, 1990
- 2-for-1
- Apr 28, 1988
- 2-for-1